Nebraska Statutes 44-2208. Illustrations of benefits payable under variable annuity contracts; conditions
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Illustrations of benefits payable under any variable annuity contract shall not involve projections of past investment experience into the future, nor shall they attempt predictions of future investment experience.
Source
- Laws 1969, c. 358, § 8, p. 1263.
Terms Used In Nebraska Statutes 44-2208
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Contract: A legal written agreement that becomes binding when signed.